China Daily sees no reason for alarm in Greece’s U-turn on port privatization

208768_121891491218696_4446011_nResearcher at the International Trade and Economic Cooperation Institute, affiliated with the Ministry of Commerce of China, Mei Xinyu has written a commentary in China Daily newspaper arguing that no alarm is required because of Greece’s U-turn in the privatization of the port of Piraeus. In his view the investment of COSCO in piers II and III of the port has not been put into question. All in all, Mei Xinyu concludes that the new Greek government does not move against COSCO but opposes specific measures of the current bailout.

The article written by Mei Xinyu in China Daily is available here.